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#FXS/USDT All take-PROFIT targets achieved 😎
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#LPT/USDT All take-PROFIT targets achieved 😎
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JUST IN: 💰Uniswap's DeFi-focused layer 2 solution, UNICHAIN is set to debut its public mainnet in early 2025.
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📊 Key Events This Week ~
1. CB Consumer Confidence data - Monday
2. Durable Goods Orders data - Tuesday
3. November New Home Sales data - Tuesday
4. Markets Closed, Merry Christmas! - Wednesday
5. Initial Jobless Claims data - Thursday
6. Atlanta Fed GDPNow data - Thursday
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JUST IN: 🇪🇺EU exchanges ordered to delist USDT by December 30 due to non-compliance with MiCA regulations.
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🇨🇦'Canada is in a recession,' former Bank of Canada governor Stephen Poloz has said.
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JUST IN: 🇺🇸Michael Saylor publishes Bitcoin & crypto framework so the "United States can lead the global digital economy."
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#ACT/USDT All take-PROFIT targets achieved 😎
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Period: 1 Days 10 Hours 35 minutes⏰
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Binance Futures
#DAR/USDT All take-PROFIT targets achieved 😎
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Period: 18 Hours 24 minutes⏰
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JUST IN: Jim Cramer says "you always had to BUY the fear not sell it."
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#usefulmaterial
Abandoned Child candlestick formation.
The Abandoned Child is a reversal pattern. Like all reversal patterns in technical analysis, the Abandoned Child reverses the current trend, regardless of its direction.
The Abandoned Child depicts a lonely, abandoned small Japanese Doji candlestick, which is where the name comes from.
Characteristics of the figure Abandoned Child:
The abandoned child is a reversal figure. Like all reversal patterns in technical analysis, the abandoned child reverses the current trend, regardless of its direction.
The Abandoned Child consists of three candles, the middle of which is necessarily a doji, and on the sides - long candles of different colours, while the price wraps around the arc, and the shadows of any two neighbouring candles are separated by a window.
In more detail, the Abandoned Child consists of candles with the following parameters:
- Long white candle: the first candle in the pattern should be relatively long;
- Doji, through the window: there should be a noticeable window (gap) between the shadows of the first candle (long white candle) and the second candle (doji);
- Long black, through the window: there should be a noticeable window between the shadows of the doji and the third candle;
Bullish and Bearish "Abandoned Child".
It is important to note that the above-mentioned figure is only one type of abandoned child, namely a bearish abandoned child, because the price falls after the end of the figure.
If the figure is inverted, it is called a bullish abandoned child, and consists, respectively, of a long black, a doji through the gap, and a long white through the gap.
Applied meaning of the figure
After the formation of the figure, you should wait for about 2 more candles to confirm the trend reversal, and then act. If the figure has broken an important long trend with the third candle, the validity of the figure increases and it is not necessary to wait.
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#GALA/USDT All take-PROFIT targets achieved 😎
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Period: 1 Days 19 Hours 34 minutes⏰
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JUST IN: Michael Saylor suggests Amazon founder Jeff Bezos buy $600 million worth of Bitcoin.
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#usefulmaterial
The Hanged man
The "Hanged Man" candlestick formation appears in an uptrend, and signals its imminent change to a downtrend.
This candlestick, has a small short body and a long lower shadow. There should be no upper shadow at all, or it should be very short. The colour of the candle does not play a special role, but on small timeframes, the model with a red candle will be stronger.
The candlestick formation "Hanged Man" can be identified by three main features:
1. The body is at the top of the price range. The colour of the body does not matter.
2. The lower shadow is twice as long as the body.
3. The candle has no upper shadow or it is very short.
Also, be sure to wait for a bearish confirmation candle.
A pair of "Hanged Man", is a candlestick pattern known as "Inverted Hammer". The point of this Japanese candlestick pattern is, on the contrary, to buy, as it is formed during a downtrend, indicating that it will soon change to an uptrend.
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JUST IN: $1.5 trillion Groupe BPCE subsidiary gets approval to launch Bitcoin and crypto investment services for its 35 million users.
Groupe BPCE is one of the largest banks in France 🇫🇷
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Binance Futures
#MEME/USDT All take-PROFIT targets achieved 😎
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Period: 1 Days 13 Hours 35 minutes⏰
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Binance Futures
#ARB/USDT All take-PROFIT targets achieved 😎
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Period: 10 Hours 40 minutes⏰
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JUST IN: 🇸🇻El Salvador buys 11 bitcoin worth over $1 million for their Strategic Bitcoin Reserve.
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JUST IN: 🇺🇸SEC approves Hashdex Bitcoin & Ethereum crypto index ETF on Nasdaq.
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